Russell Sharp North Vancouver Realtor

Vancouver is Canada's most expensive office market according to the Office Space Across the World 2012 report, released today by Cushman & Wakefield Commercial Real Estate (C&W). 

Though rents in Vancouver's central business district only increased modestly over the previous year, they remain the highest in the country, by far, at an average of $33.87 CAD/square foot/per year.

Hendrik Zessel, Senior Managing Director, C&W Vancouver says that the high rents in Vancouver are the result of demand that simply outpaces supply. "The downtown market is very tight right now," says Zessel. "With no new buildings coming to market until at least 2014, that isn't expected to change any time soon. The lack of available space is largely due to continued global economic uncertainty that stemmed from the 2008 recession, which had developers being very cautious. There have been some recent new development announcements, which will help to address demand in the next few years, but until then we expect our office market will remain the most competitive, and therefore most expensive in the country." 

As an MBA qualified Realtor in Vancouver I am able to help my clients find office space and commercial real estate in Vancouver perhaps in a more qualified way than most Vancouver Realtors! Please call me on 604 437 4277 anytime to discuss all things real estate in Vancouver.

The perfect family home! Totally renovated and updated in show-home condition, this is one of West Vancouver's most sophisticated family homes. Situated in a very safe and secure private cul-de-sac, in desirable Olde Caulfield, 4880 The Dale has been finished to the highest standards. The present owners left no expense spared with their renovations. Features include a Redl Kitchen, Kohler Bathrooms, solid walnut hardwood floors, Traut Line slate floors with under-floor heating, media room with whole house multimedia wiring, spa-bathrub, new boiler and hot water tank, electric garage door, and an ADT security system. Close to schools, 24/7 corner store and a fire station, this cozy home is ideal for families

In BC we are very aware that Surrey is a huge success story in the Vancouver real estate market. Surrey is currently the second largest city in BC and has totally transformed its image from a suburb to one of the fastest growing cities in the whole of Canada! If the future it is predicted that Surrey real estate will overtake Vancouver real estate as the largest city in the Province. It is an excellent investment centre because it has two border crossing to the U.S. and infrastructure that includes five major highways, four railways, sea docks and a strong rental market.